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and this additional tax adds another sting to the injustice of doma. this brings great hope the u.s. supreme court will hear the california proposition perry case and various doma cases later this year. however, as a legislative body here in san francisco, i don't believe we can or should standstill and wait to see what the u.s. supreme court does while this discrimination continues. i look forward to working with everyone to get this passed. i am proud that this legislation is supporting and cosponsored by supervisors wiener, campos and chu, as well as the lgbt democrat democratic club and lgbt. we have prided ourselves of being ahead of curve and the props of a better tomorrow. as a city we should not stand idle as contributing members of society -- with hope and uncertainty certainty that the u.s. supreme court will find doma cases unreasonable. colleagues i hope i can for your support. we have a number of speakers to speak. >> good morning, controller's office. this legislation if passed by the board of supervisors and signed by the mayor would take effect next fiscal year and the departme
. a report that the chinese military is behind an on going plot to hack u.s. companies and government offices. the report released today by u.s. security firm says hundreds of chinese hackers will stealing vast amounts of data from u.s. companies. >> even apple says it was hacked. a small number of laptops were infected with malicious software. it was an attack similar to the one facebook faced last week. the attack used a weakness for web browsers to affect the computers. to say void this, they recommended last month that bs be disabled on browsers. >>> set you up with a fake girlfriend that would even convince mom she's real. the site is called, fake internet girlfriend. imagine that. and for a price, they provide just that. for $250 a month, they will create the fake girlfriend of your dreams. they'll send you facebook messages, tweets, texts. they'll even call your work. so who would sign up for ltses. the bigger question, why? some people want to impress a prospective boss or get their nagging parents off their backs. >> what happens when you want to invite her over for dinner? >> tha
, thank you. and he'll be taking an inside look at the battle for damascus and what it means for u.s. national security tonight on "world news" and "nightline." >>> meanwhile, back here at home, new details about a potential motive in the newtown, connecticut, school shooting. gunman adam lanza may have, in fact, been competing with another serial killer. "the hartford courant" newspaper reports authorities found news articleses in lan za's bedroom, about the killing spree in norway, carried out by anders brevik, who bombed buildings at a youth camp, killing 77 people. the investigation is still ongoing. any theory now is purely speculative. >>> and new information on what left the carnival cruise ship stranded in the gulf of mexico last week. forcing 4200 passengers and crew to live on the boot for nearly a week without power and plumbing. the coast guard now blames a leak in a pipeline that connects a fuel tank to one of the ship's engines. investigators say oil dripped on a hot surface and caught fire. >>> in business news. a potential megamerger. office max and office depot, are
texas senator ted cruise. we have got a job and right now the u.s. senate is the battlefield. they are calling you a gop rock star. i try to pay very little attention to the media. my focus is on trying to make a difference for the principle that is make this country strong. cbn's david brody one on one with texas senator ted cruise. on "the 700 club" wednesday 33 p3 new this orning... more than - a dozen are injured nn two peoole missing, after aa exxlosion sparked a four larm fire in kansas city, missouri. rippinn through jj's restaurant.about 100 firefighters battled thh fire. missouri gas energy believes a 3 gas line uuderground.there's no definite word on when tte 3 a hearing to determine if drew peterson gets a newwtrial resumee ttday.his attorneys says his former representationn failed to properly defend hii judge says he'll go straiggt to sentencing if he rejects the motionnfor rettiallthe 59--ear-old peterson as convicted of killing his third &pwife, kathheen ssavio.he was -3 also suspected in the disappearrnce of his fourth wiie, stace
video i'm memgs -- images with sub titles, quote, somewhere in the u.s. black clouds of smoke are billowing. it seems the nest of wickedness is a blaze with a fire started by itself. what the hell. let's play it. >> you know, they convinced me that we all do deserve to die. former ambassador and current president of "red eye" tells fox news the film is another disturbing reminder that a nuclear capable north korea is a threat in the region. he takes the fun out of everything. on tuesday north korea posted a second video to youtube. >> didn't she used to work on "red eye"? jonathon, you claim to be a reporter though we see no evidence of it. at least here on fox news. this is really a work of art. it is not a political statement. >> it is fabulous and everybody should calm dawn. why are we worried about this? they have taken clips from call of duty 3, modern warfare and dubbed it with the worst pop song ever written, thank you, michael jackson. >> so are these video makers i would imagine by now. i mean if this is a sign of the the -- really, if this is a sign that north korea'
are trying to stop drug smugglers from crossing from mexico into the u.s. >> right there, right there. one guy's gotten out. >> reporter: they are also trying to stop the violence of a full-scale drug war from spilling north. >> are there parts of this border that you would be basically lawless or run by the cartels? >> absolutely. >> reporter: smack in the middle of this 21st century version of the wild west, two young americans, david hartley and tiffany young, just teenagers when they fell in love. >> we started dating in '98. the summer of '98, and dated for quite a while before we got engaged in 2001 and married in 2002. >> what took so long? >> we were 18. >> reporter: they wound up here, in the mexican border town of reynosa, jut south of mccallon. he was a district manager for an oil company. >> it was a blessing to us and our marriage. yeah. we were -- that's where we truly grew as a couple and had adventures. >> reporter: when the hartley's first arrive here this peaceful town was a perfect place for the young couple to live, but slowly it became more and more violent. there is a
's approaching. >>> new this morning, u.s. secrets possibly exposed. iran releasing data that it claims it hacked from a drone. we'll have a live report ahead. >>> governor chris christie has some harsh words for a doctor who said she was afraid he would die in office. he says come see him or zip it. >> until that time, she should shut up. >> new details about lance armstrong's efforts to get back into the game. >>> and it's confirmed, the federal reserve was hacked. is our banking system secure enough? >>> among our guests this morning, janet robinson, a superintendent of the newtown public schools. anna deveer smith from the actress from nurse jackie is working with mayors against illegal guns. she'll join us to talk about this project. and saru jayaraman is exposing secrets of restaurants around the country. plus richard simmons joins us to talk about his new project too. it's thursday, february 7th. "starting point" begins right now. >>> welcome, everybody. our starting point this morning is bracing for the big one. right now there's a blizzard watch in effect for parts of new england. there'
address january 24th of last year, just weeks after the last u.s. troops had left iraq for the last time. in the run-up to this year's state of the union address, just this weekend, the weekend before the first state of the union of president obama's second term, this is what happened in afghanistan. this is the change of command ceremony in afghanistan. general john allen handing over command of u.s. and international troops in afghanistan to a new commander, to general joseph dunford. this is the 14th time that command has transferred in the afghanistan war, because that war has been going on for that long. general john allen is out as commander. he is handing over the leadership. if all goes as planned, general dunford is going to be the last person to have this job. he will be the 15th of 15 u.s. commanding generals for this war in afghanistan. as such, a substantial portion of what he'll be responsible for as commander will be leaving, the huge logistical feat of getting us after fighting there for 12 years. is that going to be a focal point of tomorrow's state of the union address?
. shocking new report that links a chinese military to multiple u.s. computer hacks. >> and more breaking news. cnn learning eight masked thieves have made off with 50 million from brussels airport. plus, a 1-70 million chance. not only that a texas woman give birth to quadruplets. but two sets of identical twins. coming up, meet manuel and tessa montalvo and the kids, live. >>> new trouble discovered with the dreamliner's batteries. that and more in my business report. >>> tuesday, february 19th. "starting point" begins now. >>> all right. welcome, everybody. breaking news this morning in the oscar pistorius murder case. pistorius releasing a statement about premeditated murder charges against him saying this. i fail to understand how i could be charged with murder as i had no intention to kill my girlfriend. at his bail hearing, still going on as we speak, the judge ruling that premeditated murder charge, the severest charge in south african law, will stand and that makes it highly unlikely that the olympian, accused of killing his girlfriend, will be given any kind of bail. these new p
, yet, studies over the past two decades point to a different reality. economic mobility in the u.s. is low compared to what it was in times past and with current levels in many european countries in canada. you hear all about rags to riches stories, but they are the exceptions. a comprehensive study by the pew economic mobility documents that in the u.s. today few poor people become even upper middle class. now, some of the criticism of president obama's program has come from people who worry about the government's track record in the area of early childhood education. they point to head start, the long-standing program that provides this education to disadvantaged children. the department of health and human services released a study of head start in 2010 which was updated in 2012 that positive effects begin to fade in a few years. this has led many to call the program a failure and urged the government not to throw good money after bad. people are jumping to conclusions about a very complicated subject without understanding the study or social science research. three scholars fro
're long-term investors. we oversee one of the largest corporate pension plans in the u.s. as well as the mutual fund complex. that's all summarized with $12 billion in assets. i can tell you that they're the most optimistic we've seen them. >> whether or not they count longer tell. when you see the s&p hold the 1,500 mark. that attracts investors for a longer term. >> it does. but that's not where we're really seeing the excitement from the professional investors. we're seeing that in the fundamentals of the market. they believe that you're well compensated for taking equity risk at this point in time. the earning yielding with the dividend yield, the payout yield on the s&p 500 is at or near 25-year highs. and if it were my money and it is, at least some of it, i'm betting on equities. >> all right. rick santelli, tell us about your view of the market action today. especially as we watch these italian elections which we will get to. michelle caruso-cabrera will join us with the latest there. but a strong dollar and the 10-year yield down sharply in terms of getting out of its tra
and operates car dealerships, u.s. locations mostly in metropolitan areas in 15 states. reported fourth quarter epps of $0.70. the street wanted to see a $1.19. company ceo talking about strong growth in the fourth quarter, 19% revenue growth. he also said missed some opportunities to maximize profits via complete leveraging of cost structuring. investors unhappy with that miss, stock down 7.5%. josh, back to you. >> thank you so much. einhorn and apple taking their fight to court over return of cash to apple shareholders. the stock down again today and apple lost about 20% of its market value over the past three months. kate kelly is at the courthouse for us in new york city. kate. >> reporter: thanks, tyler. we're just about an hour away from what could be a contentious courtroom showdown, einhorn, founder and apple, inc. they are duking it out over a proposal in the proxy statement that would do away with charter right to issue preferred shares of stock. einhorn seeking an injunction to block the vote on that measure at apple's meeting february 27 wants apple to issue a class of shares to pr
along with joe kernen and andrew ross sorkin. keeping an eye on the u.s. equity foourchs, well, after a couple of days of declines, dow futures are up significantly this morning. that's a gain of 50 points above fair value. the s&p 500 is opening up by about 6 points and this comes after two days of declines and a lot of questions about whether this rally has tapped out, at least for the moment. among the key market drivers this week, the fed and the conversation continues today. boston fed president eric rosengren and fed governor jerome powell will be speaking at a forum in new york. you don't have to wait until then to get inside scoop on the central bank. james bullard will be our special ges guest, with us starting at 7:00 a.m. eastern time, and this is huge given all the news from the fed this week and all the questions the market has been asking. the two-days of declines we've seen in the markets has pretty much all been blamed on the markets that we got a couple of days ago. we will talk to jim about everything that was happening inside the room and try to get his take to wher
police officers murdered -- injured, i should say, wolf. now back to you. >> he was a u.s. navy reserve lieutenant and we are told in the navy he was rated as a rifle marksman and pistol expert, according to his navy records. he was fired by the police department of los angeles four years ago. do we know what triggered four years later this rampage? >> reporter: well, he he brought up charges against an officer saying that this officer kicked a homeless man. it was determined later, according to police reports, that these charges were false by dorner. after a while, he was subsequently fired and he refers to that time and time again in his manifesto as the reason that he would wage a vendetta against officers, wolf. >> do we know what he's been doing for the last four years since he was fired from the lapd? >> reporter: unclear from this side in riverside. >> paul vercammen. thank you. we're going to stay on top of this story during our 6:00 p.m. hour. we're going to speak with chief police moose who was linked to the d.c. sniper. >>> let's move to today's dramatic confrontation up on c
division on rules in the u.s. and its. there were four democrats, for republicans. it was a diverse group of senators including senator mccain, senator kyl, senator pryor, senator schumer. it was a group -- senator levin was our leader on the democratic side. we came up with reforms that i think will help. the cannot filibuster bringing a bill to the board. rather now where the minority cannot vote against cloture because they are doing it on a procedural basis. the bill will now be before us. it will get started in debate and voting on amendments before we have to worry about whether we need 60 votes for the threshold. secondly, there is a limit on how you can filibuster. we can bring the president's judicial nominees up in a much quicker way. there, you have eliminated two of the potentials on going to conference. getting into conference is particularly important in going to this congress. the most significant reform, we have dramatically reduced the power of an individual senator. if you are going to object, you need to do it on the floor of the u.s. senate. you can no longer be in you
's on capitol hill. >> there could be, but for now, nothing going. a couple votes in the u.s. senate. a democratic vote to replace cuts in ten years, but the pay fors and cuts take a decade, including a 30% minimum tax rate for income amounts of over $5 million. as a republican plan, allows flexibility for the president to go and fill in the spending cuts from elsewhere in the budget. neither proposal will pass. the president meets with congressional leaders tomorrow at the white house. the rest of congress out at that point when spending cuts, automatic spending cuts begin tomorrow. leaders skeptical saying it's just a foe toll opportunity. -- photo opportunity. no deal, but voting is this afternoon. dagen: thank you. as we edge closer to the deadline, the impact of the cuts on the economy, on the market, could they be more drastic than investors bet on? to break it down, a professor at the international business schools, jeremy hills in studio with me, managing director at tf marketing advisers. katherine, will the impact on the economy, an economy only growing one-tenth of a perce
as a very negative and unfortunate -- they lend an unfortunate view of the u. s. power and how the united states project its power abroad. every time there is a drone strike, you see it on 40 channels at least in pakistan. we have a very robust and raucous free media. you see them on all these channels with the us flag on its livery. and if that in and of itself makes life very difficult for us as we build consensus, public consensus. people are saying, this is the united states war, not hours. however, we have addressed that. it is operationally counterproductive because it creates more potential terrorists on the ground and militants on the ground instead of taking them out. if it is taking at a high value or medium value target, then it is also creating probably an entire community of future recruits to a cause that we are seeking to drain sympathy for in all these areas. we need to drain the swamp. instead it is radicalizing people who were standing up against militants and terrorists, using our religion, for instance, as a mobilizing force. i think that drones as an instrument may ha
're seeing red arrows on the board. most notably the euro hitting a one-week low against the u.s. dollar. in asia, china up eighth straight session. nikkei highest level since september of 2008. disney set to open at record highs. strength in media networks. word that it's planning films based on "star wars" characters. >>> zynga, revenues continue to fall and the social gaming company said 2013 would be profitable. >>> company seeing momentum in america's improvement in europe and big margin gains for 2013 for ralph lauren. >>> the post office could be eliminating or cutting back deliveries on saturday. we'll explain. they carry the official announcement at 10:00 a.m. this morning. >>> we start with disney. shares rising pre-market, set to open at all-time highs at fiscal fourth quarter profits beat the markets. growing attendance at the theme parks. real news came during bob iger's interview with our own julia boorstin. >> in fact, we are working on a few stand-alone films. larry kazden and simon ginberg are working on films derived on "star wars" characters that are not part of the ov
afternoon through saturday morning. we'll continue to monitor here at cnn. >>> also new this morning, u.s. secrets possibly exposed. iran claiming it's decoded now released some footage from a downed u.s. drone. the man identified as a member of iran's military narrated the black and white aerial footage as it was broadcast on iranian state media. he claims that it's a drone that iran downed back in 2011. >>> also this morning, president obama giving in to congressional demands. he will release classified documents that explain the legal justification for drone strikes that kill u.s. terror suspects overseas. >>> and adding to the drama, john brennan, the president's pick to head the cia and the architect of the drone policy, he'll appear before the senate intelligence committee today. lots to talk about with barbara starr who's following all these developments for us this morning from the pentagon. barbara, good morning. >> reporter: good morning, soledad. all about spice and drones this morning, isn't it? well, this video has not yet been confirmed as the genuine article by the administ
. just for some perspective, the u.s. is going to spend $88 billion this year, this year in afghanistan. we're going to have much more on this part of the story coming up later, barbara. thanks very much into here in washington, president obama is doing an end around the national press today. he's taking questions from local tv stations, blaming congress for doing nothing to avoid these forced spending cuts scheduled to take effect in just nine days. so what kind of cuts is the president willing to take? jim acosta confronted the white house press secretary today with that question. jim is joining us now. how did it go? >> reporter: wolf, here we go again. the white house and congress move one day closer to the massive forced spending cuts that go into effect at the end of next week. and even though they both agree it's a problem, they are both busy blaming each other to fix it. the white house sounding the alarm. poor children will be tossed out of classrooms, health services will be slashed, border security will be compromised and the economy will take a hit if forced budgets cuts beg
the money as taxable u.s. income. >> a lot of the money is not. it's a lot of times the company chooses u.s. investments and things like that. >> those are just some of the ways companies defer payments indefinitely. five company as kted for more than two thirds of the $225 billion in accumulated foreign earnings last year. top u.s. tax rate is 35% but a review of the last three years of financial records found that some silicon valley companies are paying lower global tax rates. apple reported $40.4 million -- billion in holdings overseas. ebay, $10 billion overseas, google, $24.8 billion reported. yahoo had $3.2 billion overseas. and cisco which reported $41.3 billion overseas had anmk;va effective tax rate of 14%. those that did said they're following the law. economists estimate the federal government loses $90 billion a year enough to fund california public schools and universities more than two years. or cover 206 days of military operations in afghanistan and iraq. this isn't the first time multi national companies have been the target of criticism for sheltering money oversea autos
, art, certainly we have a lot of deals going on. the biggest month for u.s. deals since june 2008. it's the gdps around the world putting a wrempbl into futures this morning. >> particularly in europe, shares of gdp reports knocked europe for a tailspin here. not too much valentine's day cheer showing up. so far beginning to look like the dow has given up rallying for lent. let's hope that doesn't continue. >> lent is a long time so let's hope not. in terms of the g-20, it's sort of a photo-op and that's it. is it much more important this time around as there's so many statements regarding currency manipulation being bandied about, having an impact on currency market and equity markets. >> you're absolutely correct. it went from g 7 comments to possibly right on the main table. g-20 meeting. the thrust is the end. how do we keep this orderly and prevent an outright currency war from breaking out. we've got a lot of american message fund players going along. half the world appears to be short the end believing this is going on. >> a longtime strategy to a certain extent, worries about
economy. >> still fragile enough that four years after the recession the u.s. economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indecisive, uncompromising, and polarizing politicians, america's economy could take off again. >> we are producing more energy and america can become an energy exporter. >> we're in the midst of an energy boom and it's lowering the price of electricity and bringing manufacturing back to america. a housing boom fueled by the lowest interest rates in history. and 35 months of private sector job creation. america's future could be great. >> i'd like to focus on what lies beyond the fiscal debate. >> i'd like to, too. but that's not possible the with a sequester deadline about to descend on the american economy. when will washington's small thinking about big problems end? if this week is any indication, the dysfunction won't end any time soon. earlier this week we learned the euro area expe
a u.s. weapon caused the fireball. the resulting sonic boom caused $33 million in damage an injured 3300 people. >>> britton's environment says it depends too much on paperwork and officials were warned in 2011 that horse meet was ill liely entering the human chain. it is found in hamburgers and also school meals. they are bracing for automatic spending cuts. kyla campbell reports from the washington d.c. newsroom, workers could lose their job, kyla in. >> reporter: there are 170,000 workers in california and we have been hearing about those automatic government spending cuts and they put it on hold until march 1st and congress is on break all of this week and when they get back, it leaves four days to come up with a plan to keep them from going into effect. more than 2 million workers are waiting to see if they could lose their jobs. >> the republican house has already voted twice to replace the president's second quester with spending cuts, they saw them on real priorities. >> they are working to include both increased tax revenue and spending cuts, if this all goes into effect, i
and former bush and obama defense secretary robert gates with the case for drones and the future of u.s. troops in afghanistan. >> i strongly believe 3,000 is too little. and 30,000 is too many. >> then our political panel on the state of the union watching and the new chairman of the senate foreign relations committee. plus, the high price of a penny. i'm candy crowley. and this is "state of the union." joining me from his home state of kentucky, senator rand paul. thanks for joining us this morning. you are going to deliver the tea party response to the president's state of the union. why is that needed? you have an "r" behind your name and so does marco rubio, who will deliver the republican response. >> i think it just shows that there is a movement within the republican party that's been very vocal. i think particularly in the 2010 elections there was a big movement that helped us win elections. a lot of energy that still comes from the tea party and while they consider themselves mostly to be republican, they will occasionally chastise the republican establishment. they want an in
. is the consumer in the same field of flowers and unicorns and daisies that the u.s. equity investor is in? i think that's probably what we're going to see. >> already we're not seeing a lot of alternatives for folks' money other than stocks because of the low rate environment. andrew, how are you investing right now? >> well, we're probably going to go ahead and move in this market. looks like the pullback is more likely 1650 back to these levels. so more than likely now is probably the time to ease into the market. you've got tremendous momentum and breath here. you're fighting the tape, as they say. this is probably the time to deploy. >> meanwhile, rick santelli, the race to the bottom of the currency markets was interrupted today. horror of horrors. japanese officials saying they don't want the currency to go much lower. and the euro moving higher as well today. >> once you put that machine in motion, i don't know if you can stop it. and bill, i find it so telling you have so much more outrage about a maker's mark liquidity injection than the fed's liquidity injections. >> what's your point? >
and u.s. are looking at that now and they could take action to cut them back but short of that google is untouchable at the moment pretty much. >> reporter: now, despite again the $800 a share close, they are third in value, number two exxonmobil and number one apple. google reportedly considering taking a playbook from apple, a page from the playbook, by opening retail stores to sell going the branded hardware. those reports give no time frame for when google may enter the market. >> they keep reinventing themselves and expanding the brand. >> reporter: that's what makes them successful. no question about it. >> thank you, mark. >>> the chp ready to pull out extra patrols from oakland unless the city can come up with the cash to pay for them. kpix 5 reporter ann notarangelo on what it would cost and where the money would come from. >> reporter: since patrolling the streets of oakland, the police department says in some cases violent crime is down and they don't want to mess with the momentum. >>> reporter: november 1st, the chp joined additional lo
from his unit but they are not releasing any other information about the incident at the moment. the u.s. coast guard and local crews are helping with the search. we'll update with the details of this story as soon as they become available. >> a gunfight, a car crash on the las vegas strip killed three people today. check out the pictures. pretty dramatic. police say someone in an suv fired at police inside a maserati. that car blew through an intersection. the taxicab caught fire killing the driver and passenger. the maserati's driver also died. no word yet on what actually led to the shooting. >>> oscar pistorius not going to be let out of jail at least not today. the bail hearing end ad couple of hours ago. the judge putting off a decision. another strange development. >> this is day three going into day four in this murder case. we'll go to pretoria, south africa, police removing the lead investigator after a revelation that came out of nowhere. robin, extraordinary develops. this just goes on and on. >> reporter: i want does, doesn't it. it is like a television drama, csi south afri
that this is a stupid way to cut budgets. this is dumb. we shouldn't be playing baseball involving the the u.s. economy and most of us living in that sphere, political baseball, on this level. this is just again a repeated mistake of how dysfunctional our government is rather than functional. going towards door three would not only show our government is functional but would show the world we can lead in this arena rather than lag. >> michael, you like door number one, the sequester, the forced budget cuts as they stand, alice and diane prefer door number three, which is simpson/bowles version 2.0. stay where you are. coming up what if i told you there's another possible, a mystery door number four? ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. [ jen garner ] what skincare brand is so effective... so trusted... so clinically proven dermatologists recommend it twice as much as any other brand? neutrogena®. recommended by dermatologists 2 times more than any other brand. now that's beautiful. neutrogena®.
with the u.s. government not paying interest on its debt, then god knows what would have happened. this is not like that. this is something where the negative effects kick in gradually. the world won't end if we go a month into this thing, so he can afford to wait, where i believe the republicans will have to cave eventually. what he should be looking for is i think some face-saving way for everybody to just kick this can down the road. we could have some vague spending cuts promised in the future, some real revenue sources. >> all in the future. >> all in the future. this is a terrible time to do us a terry. >> i think his reaction depends on whether or not the republicans can hold their coalition together. and if they can create a coalition that holds together, which might even include some democrats, i think they can prevail on this issue and get a small amount of cost reduction. i think if they shy away from -- >> do you want to see some us a terry now? >> they have to demonstrate some ability to manage the costs over the long run if you want to see the private sector grow as
for the u.s. are the consequences of cuts being overblown in washington? fox contributor juan williams joins me with his take. thanks for coming on the show. >> my pleasure. melissa: if you're watching this, this is the story of the day today, seems a game of gotcha with the different white house surrogates who come out and said planes will fall out of the sky, to the point jon stewart is piling on. he did a whole bit about how silly it is this idea they will not give kids shots and kids celebrating about that. even the ap did a whole roundup on how silly this was. do you think that it was a bad idea tax particularly and politically to be overdramatic perhaps about what it could mean? >> no. it is politics and, you know, you're playing on poll numbers, melissa. so a lot of poll numbers, for example, right now, there's a pew poll out says, 52% of americans think, you know, the sequestration is a bad idea. that they don't like that approach. now you also have to recall though, americans overwhelmingly think we need to do something about the debt in this country that is just out of control and
both sides use the bigger u.s. ball and south koreans wanted to use their smaller made ball. result, both side said no and the game was canceled. bernie: we have bigger balls is the the bottom line. warner: finally, i-man, bad news for nbc, stuck with televising saturday and sunday's final round of the match play championship. both tiger woods and rory mcelroy lost in yesterday's first round. imus: he well, the nbc television network according to dagen is already in fifth place, is it fifth place? >> fifth place in the february sweeps and key adult demographics behind in fourth place univision. imus: who is in third place? >> it was cbs fox, sbc, univision and nbc. imus: give me one through five. i didn't understand it. >> number one cbs number two fox. number three abc. number four, univision, number five nbc. imus: thank you very much. "varney & company" is next. i accused delbert of ripping off bo didley with this. he said it was a tribute and i should shut up. ♪ here comes the weekend, honey, what's going on ♪ ♪ we can put our feet up, honey, or party all night long ♪
contraction in the u.s., it's not resolved so more higher gasoline is ahead of us. stuart: and david, hold on, i want to see what happens when the opening bell starts to ring and starting right now. i'm expecting the dow to hit 14,000, we've been away for three days and friday afternoon the dow closed at 13,981. the early indicator suggested we go up, 20, maybe 20 points at the opening bell and that would take us to 14,000 so we're off and running again. stocks at a very high level. i've got a question for you. are you in this market, you, the little guy. we've got an expert on that coming up in just a moment from charles schwab and he'll give us the answer and on the high side in the first seconds. today's merger talk, a number of mergers, officemax, office depot reportedly getting together. and lauren simonetti on the floor of the exchange. looks like they will he' give staples a run for their money. >> it may be higher prices for consumers. let's go straight to where they both trade. as you can see, office depot and officemax surging and opening up 32% to the upside from depot and officema
, but will place a band aid on america's growing cancer of failing intrastructure. a 2009 study of u.s. infrastructure by the american society of civil engineers concluded that we need $2.2 trillion to be spent over five years to bring the nation's roads, bridges, railway tracks, airports and associated systems up to grade. let me make three crucial points. first, this is the big bang. it would be the most effective way to create good jobs. unemployment in the construction industry is among the nation's highest. around 16%. the private sector is still not investing much in construction. second, it's cheap. the federal government's borrowing costs today are lower than they are ever likely to be, again. deferring maintenance is not fiscal prudence. when your boiler explodes, it costs more than it would had you just spent the money keeping it in good functioning order. we need to spend that money now. third, this is an area where the federal government has always had a big role, one that republicans have long embraced. in 1930, even as herbert hoover was trying to balance the federal budg
in early detection and treatment have helped reduce breast cancer mortality in the u.s. by 33% since 1990. help us continue serving the millions of women and men with breast cancer who still need us every day. register for the 3-day now. (woman) it's just been an amazing, amazing journey. i love these people. ♪ and it's beautiful >> 6:10 on friday. the winds are nonexistent compared to yesterday. we will talk temperatures. we are running around 34 in napa and 38 in concord and san jose, and 36 in los gatos and half moon bay, and 39 in hayward, and san carlos and everyone else low-to-mid 40's. throughout the afternoon hours, how about upper 50's at the coast, maybe a few mid-50's like half moon bay and low-to-mid 60's for the rest of us. headed into tomorrow we will have temperatures on the decline and i will show you that in a second and a chance for sprinkles. sue? >> back to san jose update on the accident, the capital expressway involving a bus car ran a red light, hit the bus, more damage to the car than the bus but one person is injured and taken to the hospital but the intersectio
one set for april in the u.s. although he is under contract to run, the management company said he is dropping out to deal with the faces he is charged with. he is accused of shooting his girlfriend model reeva steenkamp >>> and now a long awaited journey begins on a ten-day tour including the u.s. sanchez says she does not want to tamp her criticism of cuba, but she does plan to return. >>> and this is the second to the last time that pope benedict will address the crowds of faithful from the windows at the square. thousands of people turned out to have him ask for prayers for the next pope. ben wedeman is covering the story for us in rome. >> reporter: a much larger crowd crammed into st. peters square to hear pope benedict give his penultimate prayer. he asked for them to pray for him and the next pope. the pope is now going into a week-long lenten retreat. this is an annual tradition, and part of the lenten season. when he reemerges, he will convene the last angelis prayer and then step down as the pontiff. it is not clear when the conclave, that meeting of 117 cardinals assemb
paychecks and on may 18th, the current debt ceiling suspension ends. with no deal even the threat of the u.s. defaulting could again result in the downgrade of america's credit rating. the consequences for you could be dire. your borrowing costs would likely rise along with your taxes. you could expect cuts to the programs and government services you rely on. jon king is cnn's national correspondent. jon, president obama says he wants a big deal on budgets and debt. he won the battle for public opinion. he won a second term while congressional approval continues to be super low. is there something more he could be doing to end the small thinking about big problems that has become the norm in our nation's capital? >> he still wants the grand bargain he's been talking about for several years. this past week he came out and said we need another temporary fix. the term sequester is essentially a fancy word for the president and congress not doing their jobs. you laid it out pretty clearly. the president is late submitting his own budget. so he's part of the problem, too. but he does have the upp
:00 eastern and our companion network, c-span. the u.s. senate is not in today as democrats and republicans continue their policy retreat. lawmakers will return tomorrow at 9:30 a.m. to continue work on a bill to reauthorize and the violence against women act. you can see this and that live here on c-span2. the u.s. house is in session. members passed a bill requiring president obama to submit a balanced budget to congress. the vote was 253-167. the house is done with less with a work for the wheat. members will be out the next couple of days. democratic members can attend their retreat. follow live on c-span when members return next week. coming up, live as a group of republican national security leaders from the house and senate armed services committee holds a press briefing to discuss averting defense sequestration. live coverage at 145 eastern here on c-span2. until then, yesterday a bipartisan group of house members introduced a new bill that would make gun trafficking a federal crime. that would also penalize straw purchasers who buy guns for convicted felons are prohibited from buyi
. some of them are interesting. high volatility u.s. large caps and micro cap stocks. it would seem you're increasing the beta place. when you say u.s. large cap volatile stocks, what do you mean by that? >> well, we believe that there's an evolution in the asset classes that investors are going to be tapping into in the next decade. you know, if you look back over the last 20 years, people spent a lot of time arguing, what was the value stock, what was a growth stock. and a lot of times it was in the eye of the beholder. volatility is a much more objective mesh yasure of what a stock is. you can do very good long term, 80 and 90-year analysis of what this asset class means. and right now, we show high volatility stocks have been beaten down very, very much in the rally, relative to low volatility, sort of bond proxy stocks. that suggests to us that they're one of the best opportunities in the market, as we stabilize, as the fed keeps pushing in liquidity. i think you're going to see a return to those kinds of beaten-down names. >> you know, michael, one of the big talkers of the mornin
. thank you. >> sure. >>> cyber attacks against the u.s. an american firm is linking the chinese government to hacking. i'm talk to a man who hacks computers for a living. >>> controversial advice to kids from top law enforcement. what to do if they're confronted by a gunman. there's a training video here. our panel is going to discuss it. stay close. ns, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall client experience." a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for p
's the higher end of walmart's previously issued guidance range. the world's largest retailer forecast, the u.s. key same-store sales to grow between 1% and 3%. last year's fourth quarter grew 1.5 year over year. but beyond financials, investors will look into possible investigations. there hasn't been a clear timeline as to when the investigation results will be released from the allegations that walmart issued millions of dollars in bribes to officials in mexico. if you remember, it was last quarter that walmart stated an s.e.c. filings that they have expanded those investigations beyond just mexico and to brazil, china and india. >> you know, this is going to be a fascinating story today. we heard about these leaked memos. walmart knocking it down saying things were taken out of context. i saw something overnight from the nrf, national retail federation where they said something like six out of ten americans say their savings and their budgeting has been somewhat or greatly impacted by the changes in the taxes that kicked in at the beginning of the year. >> and i think it's interesting becau
. in fact we spend about 1% of the world's energy just making fertilizer for corn in the u.s. if that corn could take the nigtrogeghtrogen out of the air it like beans do, then we wouldn't have to fertilize corn. another important problem, we don't have enough drugs for diseases. we see these multidrug-resistant microbes popping up in hospitals and it's kind of scary. we need better drugs, i think this is an area where synthetic biology can really help. if you look around this room, nearly everything that we're in contact with is derived from petroleum. the carpet on the floor, the paint on the walls, the ceiling tiles, they all come from petroleum we have the potential to produce all of these products from sugar. so it could open up an entirely new avenue for agriculture, it could open up an environmentally-friendly way to produce all of these products that we use on a day-to-day basis. >> is that part of what drives you? do you look at the world just differently as a result of knowing how sugar could be substituted for these petroleum-based products? >> i don't know if i look at the worl
, if you will. it's the same thing you have a lot of times in the u.s. >> the victim's cousin, you heard her. she said something that the judge also said. the unanswered question, any one of us, i would imagine, would hear an intruder, you're going to nudge your wife or your girlfriend or whoever you're in bed with. >> maybe you didn't want to nudge her so she would be startled so somebody would see where she was. we have a tendency here in the u.s., and i know it was the cousin saying it, we have a tendency to project on what our cultural norms on to them. you're talking about somebody -- >> we don't love our spouses more than south africa. >> a gated community where there's a culture of fear where there's this idea people are doing home invasions and that nature. >> you don't represent him right now. i know you're an expert defense attorney. i mean, come on. >> if i think somebody is already inside of the the room, i'm not going to turn on lights so they can find me. >> i mean, come on, is exactly the right answer. this is the preposterous part. he says he goes to pick up the fan from
bad. >>> also tonight, did the u.s. marine corps abandon a group of marines and military family members after they developed a rare and surprising disease? dr. nancy snyderman investigates a controversy. >> when is the leadership of the marine corps going to stand up and say we made a mistake? >>> also tonight, kate snow goes inside the fight to save the pandas including some of the very youngest. >> you are too cute. look at you. >> their ircystability is beyond dispute, so what is it about the effort to protect them that makes this wild life expert so upset. >> you said once i would happily eat the last panda on earth if you could spend the money on worth while. in all seriousness, why did you say that? >> "rock center" gets under way. good evening. welcome to "rock center." the first glimpse americans ever got of oscar pistorius was on this broadcast in the run-up to the summer olympic games in london. we aired what became the defining profile of him reported by mary carrillo of nbc sports who traveled to south africa and got to know this unusual olympic athlete. well, fast f
, this is dumb and we shouldn't be playing baseball with the ball being the u.s. economy and most of us living in that sphere, political baseball on this level. this is just again a repeated mistake of how dysfunctional our government is rather than functional. and going towards door number three, would not only show our government is functional, but show that the world that we can lead in this ana rather than lag. >> so michael, you like door number one, the sequester. the forced budget cuts, alice and diane prefer door number three, which is simpson-bowles version 2.0. what if i told you there's another possibility? a mystery door number four. what might that look like? we'll look at it when we come back. why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with double miles you can actually use, you never m
. the grain's lowest price in one month. and u.s. small business owners' confidence increasing just slightly last month but remaining near record low levels. the national federation of independent businesses reporting its index rose to 88.9. the survey says uncertainty about the economy has kept small business owners from hiring and expanding. it's the old u word. david: by the way, it has been a wild day for buffalo wild wings on expectations of their earnings. we don't have to expect 234eu78, we've got the earnings. adam shapiro, what are the numbers? >> reporter: that's right. the adjusted earnings per share came in at 89 cents, the convenient was expecting 96 cents. revenue, however, is a big beat, the stteet was expecting 294.4% million. the stock is trading down after hours. here is something that might be driving all of this. same-store sales increased just 5.8% at company-owned restaurants. the ceo actually making a statement about all of this talking about the difficulty in some of the comparisons that people will be reading as they go through this earnings report. quote: we are ene
, back to you. >> thank you very much, simon hobbs. let's see how this is all going to impact the u.s. session here. we have the head of u.s. equity and quantitative strategy with bank of america, merrill lynch. nice to see you. >> nice to see you, too. thank you for having me on. >> we've been able to put europe on the back burner, but right now it might bring back bad memory for investors that this is exactly what derailed us a year ago. >> it's eerily similar. you know, i think, though, that the big surprise for the u.s. equity market is that we might not see a pullback. i feel like everyone's expecting one. and we might not actually see one. for a bunch of reasons. i mean, last year, i think one thing that was a little bit different was that sentiment was not as negative as it was at this point, where we are today. if you look at wall street strategists, equity allocation is still sub 50%. you've still got a lot of strategists with price targets below where the market is today. i feel like a lot of investors have regarded this rally that we've seen so far as, you know, too far, to
those spending cuts from going into effect because gdp wouldn't take a hit. that means growth in the u.s. couldn't take a hit. as far as what else is propelling stocks higher, mergers and acquisitions going on, media, even in the office services area, office depot, office max, possibly talking about a tie-up themselves. that is certainly giving some momentum to stocks and giving investors a little bit of oo mph to buy into the stock. who knows if it will stick. >> alison, thank you. >> sure. >>> thank you for keeping me company here at cnn as i was in for brooke baldwin. i want to take you to "the situation room" with wolf blitzer because he starts right now. and let's take a look at the "closing bell." you heard alison kosik say we're not going to hit the 14,164 today but we there is a lot going on in washington with the sequester and we have to hope that we are going to be seeing these kinds of numbers, wolf. we certainly hope it for a long time. but depending on what -- depending on what washington does, we'll have to see if it sticks. wolf blitzer? >>> thanks very much. happening now
. the u.s. justice department wants to stop a $20-billion merger between anheuser busch in-bev and grupo modelo sab. the merge would make prices pop and the u.s. beer market less competitive, according to the department of justice. ab in-bev already owns a 50% stake in modelo, which makes corona extra, modelo especial and pacifico. the maker of budweiser products plans to fight the doj's decision, but says the deal is off for now. constellation brands also had a side deal as part of the takeover. we'll have more on that stock later in chart talk. japan's largest airline is doing the math on its dreamliner losses. japanese airline all nippon airways, or ana, says it has taken a $15-million revenue loss following the grounding of 787s. 459 of ana's flights were cancelled as investigators look for clues into what sparked fire and smoke onboard dreamliners. ana plans to seek damages from boeing, but says it doesn't expect the problems to last long. analysts say it could be the richest ipo since facebook: pfizer is spinning off its animal health unit zoetis. zoetis sold 86.1 million shares pr
with oprah. he was cleared of charges by the u.s. attorney in southern california last year. but the abc news story said no one is speaking for the justice department. >> four villages in the solomon islands were hit by a 5' tsunami and five people have been reported killed and 70 to 80 homes damaged. police say they expect the death toll to rise. officials say a pair of giant waves hit the western side of santa cruz island following 8.30 earthquake that struck underwater near the solomon islands. the warning was canceled for more distant coasts. >> now, the largest gathering of people in history is getting underway in india. tomorrow, a bay area man will join tens of millions of hindus for the experience of a lifetime . >> this man is a devout hindu and is flying to indian on thursday, for a religious festival that happens once every 12 years. this year, more than 100 million will descend on the area. they will take a dip in the ganges river. >> he is packing light. >> it it is worth any pain for the pilgrimage. >> it has grown dramatically since 2001, the last pilgrimage. >> 110 million to
believed this man had the truth. >> but to the u.s. government david koresh was a threat. >> machine guns and explosive devices. >> in 1993 they went to war in waco. >> this isn't america anymore when the atf has that kind of power. >> it ended in catastrophe. 86 people dead, including at least 24 children. >> there had been nothing like this before. the siege was new and unique in american law enforcement history. >> if you distrust the government, waco is going to be symbolic to a lot of people of what they really fear. >> i'm talking to you, somebody is going to get hurt. >> if he asked god for some kind of sign and god gives it, what does that mean? >> every saturday morning clive doyle and sheila martin study the bible. >> behold the lord god will come with a strong hand, his arm shall rule. >> they are about all that's left in waco of the branch davidians. an offshoot of the seventh-day adventist church. the religious community went back generations. it even issued its own currency during the great depression. david koresh came to the faith and its texas commune in 1981. who was he
between american airlines and u.s. airways. melissa: the hottest thing on the nasdaq stock exchange may be the nasdaq itself. charlie gasparino is here as they talk to go private. lori: without any further ado, let's get you updated on the markets. we are joined by lauren simonetti. >> i want to particularly take a look at goldman sachs right now. hitting a new annual high. the investment bank says that equity markets kind of went too fast. they will slow down a little bit on their global theme. however, maintain will be tough. it is just too hard to maintain. we have the strongest start since the 1990s. melissa: oil prices rising for the first time in days. fox business contributor phil flynn is our man in the pits of the cme. >> what a reversal. oil prices were below $95 a barrel. everyone thought that they would start coming back down. a lot of focus, of course, a lot of talk about these currency wars. they have a major impact on the price of crude oil. we do not think that the euro is too strong and anyone who wants to tell us otherwise, you will have a problem. we rallied in a few
, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. dennis: we are up 150 points on the dow and the only bad news is we were down 200 points yesterday. tracy: i think it lee will be talked about, sequester will be talked about and this market will play sideways until then. maybe you think i am crazy. lori: that is beside the point. [talking over each other] lori: who are you? john kerry? he had a big gap in a new country. anyway. good afternoon once again. i am lori rothman. melissa: i am melissa frances. senator's attack ben bernanke and the fed's bond buying program. the fed chairman says the benefits of the easy money policy out raise the rest. president obama on the road in virginia with a warning for shipbill is about automatic spending cuts but no sign
, the stock is taking a hit of 5%. finally, u.s. airways, i should say, are closing in on a 11 billion dollar merger with american allies and it would create the world's largest ally and they're trading up a little tiny bit, holding right around 14 bucks a share. all right, the fed keeps on printing, economic growth slowing, and vladimir putin gets the hit and he's been hoarding gold for a decade and why the price moving higher? we'll discuss it in a moment. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottre. voted "best investment services company." today is gonnae an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it onlin
schwartz of u.s. "today." why silicon valley? why our part of town? >> i was actually very fortunate to have been given the opportunity by american experience. >> all right. why were they interested? they were -- the sloan foundation is one of their founders. they were really very, have interested in bringing the story "silicon valley" to the public. silicon valley, the revolution that hand here and created by these men, in terms of takingojs into the digital age, the information age really changed our lives in the way we interact today. people take for granted things like cell phones, computers and laptops. all of these thins sort of stand back to what these guys invented. >> even the corporate culture, right? i thought that was one of the interesting aspects, how they set the corporate culture at least here in silicon valley we take for granted today. >> certainly. the main character in this was instrumental, helping to bring the new idea to the democratic -- >> wearing junes. >> cubicals, everybody thinks with intel, you look at facebook, it's a very open environment where really
detection and treatment have helped reduce breast cancer mortality in the u.s. by 33% since 1990. help us continue serving the millions of women and men with breast cancer who still need us every day. register for the 3-day now. (woman) it's just been an amazing, amazing journey. i love these people. ♪ and it's beautiful ♪♪ a >> live doppler 7 hd shows healthy radar return near santa rosa and college avenue the corner right there, may have light-to-moderate burst of rain. the rain is tapering back to slight amounts if you go by the dark green on the radar. sprinkles are possible to petaluma and better chance of wet weather from dry creek road and sweetwater with the system to the north, sliding cross the bay area bringing us a chance of rain in the north bay this morning, the rest of us from mid-morning to mid-afternoon. sue? >> back to walnut creek, a good commute but we are seeing a few brake lights around 24 junction at north main and no problems here just a little bit of slow traffic and a lot of folks headed ou
for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. well, technically i wear one. google's backyard for the wbing it on challenge.. [fight bell: ding, ding] what's your preferred search engine? search engine, uhh, probably google. if we do a side by side blind test comparison, and you end up choosing google, you get an xbox. i'll bet you the xbox, you bet me your son. well let's look up what you need. okay, i would do the left. yeah? what?! i am a daddy! bing wins it! bing won. bing did win. people prefer bing over google for the web's top searches. don't believe it? go to bingiton.com and see what you're missg. >>> gabby giffords will be at the state of the union address on tuesday a guest of representative ron barber who's placed her in the house. giffords was shot in the head in january 2011 in arizona. six other people were killed. just last month giffords called on congress to enact tougher gun laws. >>> this weekend michelle obama attended the funeral for the 15-year-old chicago honor stu
on the docket. it hasn't fallen apart like everybody want thad to. here we sit in the u.s. with everybody is buying hand over fist. i've been doing it a long time and i'm still conflicted. i know these corporations have been showing better results. but at the end of the day, we still have qe because of no growth. >> rebecca patterson would tell you you have just enough growth, actually, you have a wonderful spot where it's just weak enough where the fed keeps their foot on the pedal and that's why it's the perfect moment, at least now, for the market. >> i guess it's that little circle we used to have on our baseball bats. we have to be careful about that thing cracking in half. that's what i think a sweet spot is. here we are, you have a 7.9% rate. i can debate all long about whether the housing market is getting better or not. that's the reason why we have this influx of qe. why would we be without qe? ultimately, it's all about growth and we just don't have it. here we go, the stocks are full steam ahead. i can't tell my customers not be on board, but i can tell them not the be on boar
hook you. from that morning on, u.s. like paying your cable bill. something you have to have. remember that, cut the cord? no one is cutting the time' cord. they made it interactive enough, it's tv like. lots of video content. enkik lopedic. and they could charge a fortune for online real estate ads some of much real estate in the best market in the world is actually sold right through them. wait until they listen to me tonight and then switch to that model. probably will happen. i think the subscription price might be far more inelastic than i thought or they thought. i don't know a soul that wouldn't pay more rather than lose it. this company has been paring down noncore assets for some time in august, they sold about.com and got $300 million for it. they are in good enough shape cash wise there is the possibility of a dividend. that was the hint in the conference call. one more thing, this story is back stopped. now that the times is selling the globe, the company could ultimately bought by a soon to be retired mayor bloomberg. someone that the family would bless as an owner. like w
introduced a bill for the state to pay $100 for each sea otter lawfully killed under the u.s. marine mammal protection act. stedman says he doesn't want otters eradicated but says something needs to be done to slow down their population growth. >>> yosemite may be forced to delay access roads for up to a month if government does not take effect on the moratorium. >> the tourism industry will be affected but so too will be countless suppliers of materials, food, services, contractors. >> reporter: some experts say if congress and the president fail to reach a deal at least 12 national parks could be closed. >>> an earthquake just a few minutes ago shook the south bay. the preliminary reports say that the quake was centered 5.9 miles southeast of sanguine. so far no reports of any damage or injuries. >>> a winter storm in the great plains is now being blamed for the deaths of two teenagers. a 19-year-old woman was killed in an accident in nebraska and a separate accident killed an 18-year-old. parts of the state have received 14-inches of snow and counting. missouri's kansas city internationa
will be speaking out against the dangers of cyber attacks. major war against the cyber u.s. nonzript neighborhood and this 12-story building, the source of thousands of cyber attacks against 141 u.s. companies, spanning 20 industries. according to a new security report confirmed by u.s. intelligence, it is the headquarters of unit 61398, cyber warriors for china's people's liberty. >> the chinese government sapgsing these attacks. >> among the targets of the hackers, america's very infrastructure. >> now our enemies are seeking the ability to sabotage our power grid, our financial institutions, our air traffic control systems. >> reporter: other targets, the news media, including "the new york times," the washington post and wall street journal. and familiar brands like coca cola, facebook. ugly gorilla and dota, according to this instructional video from the computer security firm that did the study. >> we see dota logging in. >> reporter: attackers send deceptive e-mails, tricking users to clicking on a malicious link to a phony website so the hackers can steal confidential files, grabbing them
claiming his death proves they were absolutely justified in passing legislation banning u.s. nationals from adopting any more russian children. they did that at the end of last year. partly in response to u.s. legislation, targeting russian human rights abusers. but also because of concerns held for a long time here by russian officials who say they are worried about the way russian orphans are treated in the united states. supporters of the adoption ban claim since the 1990s 19 other russian children have died after being adopted by americans. the russian government says it is very concerned about the welfare of russian orphans and says 60,000 have are been adopted over the last 20 years. the adoption ban is one of the key reasons why relations between the united states and russia are the worst that they have been in a long time. a line of politicians here and officials have responded to the death of this 3-year-old boy by effectively saying, we told you so. phil black, cnn, russia. >>> european scandal over mislabeled meat keeps getting big der. details of the latest recall foods where tr
, rattling u.s. markets. separately, though, home depot reporting strong earnings this morning. home improvement retailer thanking the turnaround in housing as well as all that repair work done in the wake of super storm sandy for those increasing profits. natalie? >> courtney reagan at the new york stock exchange, thanks. >>> airports, as you know, can be very frustrating places but there is no reason to get this angry. take a look. chinese government official flew into an epic tantrum when he learned he had missed his flight -- actually, his second flight that he missed. he took his anger out on airport staff and two innocent computers. the video has gone viral on chinese social media and now he has been suspended from his post and he faces punishment charges. guys, you'll notice security is standing off behind that rope there. turns out because he outranks the security guards, they were afraid to step in, if you can believe that. >> that and a chair. >> yeah. >> you might be able to say former government official. >> yeah. >> pretty soon. >> i think that's going to happen. >> nata
. they could then apply for a work visa within eight years if they learn english, u.s. history and pay back taxes. the work visa would clear the way for citizenship. the newspaper did not receive the entire plan which also includes new security rules and guidelines on hiring for businesses. >>> it's being called a cosmic coincidence. a meteor impact in russia followed by a near miss by an asteroid and an unusual flash of light, a fireball seen over the bay area last night. some bay area scientists are hoping the events will bring more attention to their cause, a cause they believe we should all care about. bob redell picks up the story from mountain view. hello, bob. >> reporter: good evening, diane and terry. the group of scientists and former astronauts working out of this office building in mountain view don't want us to be blindsided by a big meteor like we were yesterday when a ten-ton rock from outer space entered the earth's atmosphere over siberia and blowing out windows and hurting more than 1,000 people, that's why the b-612 foundation on the peninsula is trying to give us an extr
. there are chain controls in the sierra area. on i80 chains are required from nyack to truckee. and on u.s. 50 from east placerville to myers. ken wayne went to the sierra and it was not long before he ran into trouble. >> reporter: caltrans put up chain controls at about 11:00. but it was from this point heading eastbound toward the summit where the problems really began. we have just passed the chain controls and we've already hit a situation. we're kind of on a curb where the road slightly leaning to the right. this semi truck to our left is spinning out. so is a small suv right in front of it. once we made it past that truck we found a pair of tow trucks helping free an suv that spun out and sustained damage. we saw a big rig getting a push from a caltrans truck. the ice clung to the road. and to our mirrors. it was a tense drive, a bit much for laura slate and her family. >> we may end up going back home because they said they closed the freeway down at colfax. >> reporter: the interstate was shut down for hours as spin outs were cleared. >> a cold snow like this is icy, that's the problem. we
conference in paris. >> is the u.s. willing to directly aid the fighters on the ground and is that enough to change assad's administration? >> he needs to know that he can't shoot his bayway out of this and so we need to convince him of that, and i think the opposition needs more help in order to be able to do that and we are working together to have a united position with respect to that. >> the secretary hinted the u.s. might start to distribute aid in rebel held parts of syria. secretary kerry expected to talk more about the syria question at an international conference tomorrow in rome. charlie and norah? >> clarissa ward thank you. >>> the supreme court today is hearing arguments over the landmark 1965 law, at issue, whether voting rights are secure enough now to allow the rollback of protections from the civil rights era. john crawford is at the supreme court. jan, this has far-reaching consequences. tell us about what's at issue here? >> reporter: the voting rights act is one of the most arguments now just under way in the supreme court in this really significant
. for the first time since 2007, more than 30 days have passed with no u.s. deaths in afghanistan. the pentagon says that's because of fewer enemy attacks. and the fact that afghans, now, are taking over more of their own security operations. >>> if you're about to chow down on an egg mcmuffin this morning, you're probably not alone. a new study shows just how much fast food americans eat. adults ate 11% of their daily calories in fast food over a four-year period. topping the survey, nonhispanic black adults who ate one-fifth of their diet from fast food. and the over-60 crowd, ate fast food just 6% of the time. >>> well, drinking coffee can apparently give you the jolt you need to live longer. a new study of older americans found three cups of coffee a day can reduce the risk of early death by 10% to 15%. too much caffeine used to be considered unhealthy. but researchers say, the more coffee people consumed the less likely they are to die from injuries, heart disease, stroke and other ailments. >> staff on this show shall live forever. >>> and speaking of coffee, police near seattle say some
temperatures across the central u.s., mostly into the teens and 20s. if you were to look at the temperatures in louisiana, they are in the 60s and 70s. a sharp temperature contrast with this area of low pressure moving across the central mississippi valley as we go into this evening and then going through time for friday, into the tennessee valley, ohio river valley. and this is where the storm really starts to ring out. but across the southeast, some of these areas in georgia, south carolina, north central florida could see between 4 and 8 inches of rainfall. we'll keep you updated on that. wolf? >> karen, thanks very, very much. >>> new questions about how one of the most prominent catholic leaders in the united states handled the problem of pedophile priests. i've discovered gold. [ female announcer ] roc® retinol correxion max. the power of roc® retinol is intensified with a serum. it's proven to be 4x better at smoothing lines and deep wrinkles than professional treatments. roc® max for maximum results. and deep wrinkles ththe people of bp made ants. commitment to the gulf., and ever
on the u.s. by hacking. the u.s. wants more fines as part of an aggressive stance against cyber attacks, especially those from china. a chinese military unit was linked to years of stealing secrets on mine from the u.s. and private companies. china says they have nothing to do with the cyber attacks. >> what has the administration done so far? >> the president has signed an executive order. he talked about this in his speech. the in speecunion >> do we know what kind of information is being targeted? >> this is some potentially viable information from private companies. let's give you an example. they could pull information to save millions of dollars in research costs and for bidding wars. >> hallie jackson, thank you. >> 5:27. >> the man convicted of murdering phylicia barnes wants a new trial. a new trial. >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. welcome back to 11 news today. i'm stan stovall. >> and i'm mindy basara. thanks for joining us for 11 news today. here's a look at some of this morning's top stories. the
away from those forced spending cuts that will cut across u.s. defense and domestic programs. you might think it's finally time for congress to get serious about doing something to avoid the potential pain out there. but guess what? you would be wrong. our chief congressional correspondent dana bash is up on capitol hill to explain what is going on. go ahead, dana. explain. >> reporter: we can now report that those $85 billion in forced spending cuts will kick in by the end of the day tomorrow. why? because congress is the only place that has the power to stop them and they are gone. lawmakers racing down the capitol steps, bolting out of town for a long weekend. this was before noon, a full day before the hammer comes down on forced budget cuts they voted for. is there a concern that you all are going to leave town while these cuts kick in and you won't even be here? >> well, speaker and the leadership will be here and i'm a quick flight away. i go home every weekend to see my family. >> reporter: you're on your way out? are you on your way home? >> yes, ma'am. >> reporter: so you're n
or relink wrbd the reigns then had quite a long struggle. i think part of the whole reason that the u.s., i'm sort of an amateur student of the u.s. automobile industry. i think part of the reason that it ran into trouble was way before the 1970s. it was because the founders of those companies had relinquished the reign reins to businesspeople, not product people. >> rose: buzz as soon as you say that, i would make this observation. look what happened to ford. >> yes. >> rose: c.e.o. of ford. >> yes, yeah. >> rose: -- grew newspaper the car business, was not an engineer but was a superb manager. and great sensibility for product. and i think-- . >> rose: yeah. >> and i think that's the element that gets missed a lot of the time. in these management turnovers. and particularly for technology company. you absolutely have to have as the guiding force of an abiding enduring technology company, a person or people at the helm who have products in their dna. >> rose: yeah. >> who love, who are crazed by the idea of making that thing better. >> better. >> the best. or making it better or the best o
newspaper, but where is the action? robert reich is the former u.s. labor secretary to bill clinton and author of "beyond outrage," what's gone wrong with our economy and how to fix it and ari fleischer, former white house press secretary under george w. bush. all right, let's get some action here. robert, the white house responded to john boehner's challenge of saying, where are the cuts, with a blog post from dan pfeiffer who wrote, "the fact is, the president has a detailed balanced plan with spending cuts, he's willing to make tough choices. now it's time for the speaker to do the same." then he had a link to an 80-page proposal from september, including war savings, it includes tax reform, which of course they want. it doesn't fully lay it out by any stretch of the imagination. so jay carney was asked what specifically will the white house cut and here's what jay carney said. >> it's in the proposals he submitted to the speaker of the house that the speaker walked away from -- >> where does the president prevent sequestration from happening? shouldn't the president take the lea
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